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TechFlow reports that Synthetix has announced a liquidity incentives program on Arbitrum, offering 2 million ARB in rewards, with distribution expected to be completed by September 3. The 2,000,000 ARB LTIP grant will be allocated as follows:
1. 1,000,000 ARB for LP incentives;
2. 900,000 ARB for trading fee rebates (capped at 75% of the trading fees paid on Arbitrum);
3. 100,000 ARB for stablecoin liquidity.
Synthetix announced the launch of its Arbitrum liquidity incentive program, offering 2 million ARB in rewards, with distribution expected to be completed by September 3. The 2,000,000 ARB LTIP grant will be allocated as follows: 1) 1,000,000 ARB for LP incentives; 2) 900,000 ARB for trading fee rebates (capped at 75% of transaction fees paid on Arbitrum); 3) 100,000 ARB for stablecoin liquidity.
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